Adani ports & sez has announced that CareEdge Global has assigned a Long-Term Foreign Currency Issuer Rating of 'CareEdge BBB+/Stable' to the company. The rating update was disclosed on March 11, 2026, in accordance with regulatory requirements under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Credit Rating Details

The credit rating assignment represents CareEdge Global's assessment of Adani Ports and Special Economic Zone Limited's creditworthiness for long-term foreign currency obligations. The rating comes with a stable outlook, indicating the rating agency's expectation of consistent credit quality over the rating horizon.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30(6) of the SEBI Listing Regulations by informing all relevant stock exchanges about the credit rating update. The notification was sent to multiple exchanges where the company's securities are listed or traded.

Exchange Notifications

Adani Ports and Special Economic Zone Limited communicated the rating update to several key exchanges:

• BSE Limited - Floor 25, P J Towers, Dalal Street, Mumbai
• National Stock Exchange of India Limited - Exchange Plaza, Bandra Kurla Complex, Mumbai
• India International Exchange (IFSC) Limited - Gujarat International Finance Tec-City, Gandhinagar
• NSE IFSC Limited - Brigade International Financial Center, GIFT City, Gandhinagar
• Singapore Exchange Limited - SGX Centre, Singapore

The disclosure was signed by Kamlesh Bhagia, Company Secretary of Adani Ports and Special Economic Zone Limited, ensuring proper authorization and compliance with corporate governance requirements.

Adani ports & sez delivered strong operational performance in Feb'26, demonstrating continued momentum in cargo handling across its port network. The company reported handling 42.5 MMT of total cargo during the month, reflecting robust 16% year-on-year growth driven by strong performance in key cargo segments.

Monthly Performance Highlights

The Feb'26 performance showcased balanced growth across major cargo categories. Container operations emerged as a key growth driver, registering 14% year-on-year expansion, while dry cargo segment contributed significantly with 15% YoY growth. This diversified growth pattern underscores the company's operational efficiency and market positioning.

Year-to-Date Performance

The cumulative performance for YTD Feb'26 reinforced the company's strong operational trajectory. Adani Ports handled 454.7 MMT of total cargo during the year-to-date period, achieving 11% year-on-year growth. Container operations continued to be the standout performer with impressive 20% YoY growth, significantly outpacing the overall cargo growth rate.

Logistics Operations Update

The logistics segment presented a mixed performance picture during Feb'26. Rail volume operations recorded 52,101 TEUs, representing modest 3% year-on-year growth. However, GPWIS (Grain, Pulses, Wheat, Iron ore, Steel) volume experienced a decline, reaching 1.7 MMT with an 8% YoY decrease.

For the year-to-date period, logistics rail volumes demonstrated stronger momentum with 640,280 TEUs, marking 10% YoY growth. GPWIS volumes for YTD Feb'26 stood at 19.7 MMT, showing a marginal 1% YoY decline.

Operational Excellence

The Feb'26 results reflect Adani Ports' continued focus on operational excellence and capacity utilization across its port network. The strong container performance aligns with India's growing trade volumes and the company's strategic positioning in key maritime corridors. The diversified cargo mix, including both containers and dry cargo growth, demonstrates the company's ability to capitalize on various market opportunities while maintaining operational efficiency across different cargo segments.